December 2, 2014 News

Light trucks help Canadian auto sales hit record level in November

by Canadian Plastics

Strong trucks sales helped push auto sales up 3.6 per cent in November 2014, setting a record for the month, according to DesRosiers Automotive Consultants Inc.

November 24, 2014 News

GM investing $200 million in 2 Michigan plants for new vehicle

by Canadian Plastics

General Motors Co. (GM) is investing US$200 million in two plants in Michigan in order to expand vehicle manufacturing in that state.

November 16, 2014 News

SPE names Automotive Innovation Award winners

by Canadian Plastics

The Automotive Division of the Society of Plastics Engineers (SPE) has announced the award winners of its Automotive Innovation Awards Competition – chief among them the an active glove box application on the 2015 Ford Motor Co. Ford…

November 5, 2014 News

Magna reports Q3 profit, sales up from last year

by Canadian Plastics

Canadian auto parts maker Magna International Inc. reported its third-quarter 2014 profits grew to US$470 million, up from US$319 million a year ago, as the auto industry saw production gains in both North America and Europe.

November 3, 2014 News

Canada nears record auto sales in 2014: Scotiabank

by Canadian Plastics

Passenger vehicle sales in Canada soared 13 per cent above a year earlier in September, lifting purchases to an all-time record annual rate of two million units, according to the latest figures from Scotiabank.

November 3, 2014 News

SPE names Automotive Innovation Awards finalists

by Canadian Plastics

The Society of Plastics Engineers (SPE) Automotive Division has selected finalists for its 2014 Automotive Innovation Awards competition, said by SPE to be the oldest and largest competition of its kind in the world. Category winners and the…

October 28, 2014 News

Magna opens exteriors facility in Michigan

by Canadian Plastics

Canadian auto parts supplier Magna International Inc. has opened DexSys, a new greenfield automotive exterior products plant in Delta Township, Mich.

October 27, 2014 News

Auto parts sector must invest to thrive: DesRosiers

by Canadian Plastics

There are good days ahead for Canada’s automotive parts makers and toolmakers – but only the companies that invest in manpower, technology, and research and development will reap the full benefits, according to Canadian…

October 7, 2014 News

New APMA head talks industry strengths, challenges

by Canadian Plastics

Canadian automotive parts makers are fully capable of competing globally, but it’s still crucial to retain Canada’s existing auto assembly plants, according to Flavio Volpe, the new president of the Automotive Parts Manufacturers…

October 6, 2014 News

Canada posts trade deficit with the world in August: StatsCan

by Canadian Plastics

Canada’s merchandise trade balance with the world went from a surplus of $2.2 billion in July to a deficit of $610 million in August, according to new figures from Statistics Canada.

October 1, 2014 News

Magna buys automotive closure maker Techform

by Canadian Plastics

A subsidiary of Canada-based automotive parts maker Magna International Inc. has signed an agreement to acquire the Techform Group of Companies, an automotive supplier of hinges, door locking rods and other closure products.

September 24, 2014 News

Canadian auto parts shipments up 14% in 2014: Scotiabank

by Canadian Plastics

Benefiting from a recovery in U.S. vehicle sales, Canadian auto parts shipments have surged 14% this year, according to the latest Scotiabank Global Auto Report.

September 23, 2014 News

Magna to open two new facilities in India

by Canadian Plastics

Auto parts maker Magna International Inc. is opening two new facilities in India.

September 22, 2014 News

New president for APMA

by Canadian Plastics

The Automotive Parts Manufacturers Association (APMA) has a new president.

September 21, 2014 News

Reko International lands major precision machining contract

by Canadian Plastics

Ontario-based tooling supplier Reko International Group Inc. has signed a three-year, multi-million dollar machining contract.

September 19, 2014 News

Papp Plastics partners with Inplax for Mexican auto parts JV

by Canadian Plastics

Windsor, Ont.-based auto parts manufacturer Papp Plastics and Distributing Ltd. has formed a joint venture with Mexican molder Inplax S.A de C.V.

August 20, 2014 News

GM building stamping plant in Michigan

by Canadian Plastics

Automaker General Motors is building a new US$174-million stamping facility that will create or retain about 145 jobs in Michigan.

August 11, 2014 News

Record sales for Magna in Q2 2014

by Canadian Plastics

Auto parts maker Magna International Inc. reported $510 million in net income during the second quarter of the 2014, up from $415 million in the same period a year ago.

August 6, 2014 News

Lightweighting leads automotive fuel efficiency technologies: survey

by Canadian Plastics

Almost half of the participants in a recent automotive industry survey identified lightweighting as a top focus for improving fuel efficiency.

August 4, 2014 News

Cooper Standard forms Asia-Pacific JV with Inoac

by Canadian Plastics

In a bid to expand its fluid transfer systems products into the Asia Pacific automotive market, Cooper Standard Holdings Inc. – the parent company of auto parts supplier Cooper Standard Automotive Inc. – is forming a joint venture…